Nice entry here. Engage positon, stop -5 percent and ride to adx reversal on upside. target 17-17.25.
August 22.....move in place see present bars on chart. Target higher statistical validity at this point. Watch for DMI cross and adx reversal for confirmation. Nice medium to long holding. Nov 8 2013 Still in uptrend. Volatile during currency and ore...
this is a bullish set up...above the cluster....above the trend line...above the cluster...a small retracement to test the trendline and the cluster and then up....looking to go long around 15 with SL 14.50 and TP 17.50
Looking at Indicator study here. I noticed a pattern that @nmike passed along to us all, the Fisher Cat. That Cat works well to find peaks and bottoms or significant trend reversals. On this chart I also noticed a hat pattern followed by a cat, which suggest a trend reversal was about to take place. Not only did we have the pattern to work with, we also had...
Vale has increased volume and has just broken this long term trend line . It could be set for a nice comeback, I am going to trade this but I will be buying stocks for a long term investment as it could take a while for China's steel needs to return. Previous dividends have been quite good, I expect 3-4% in divs and potential growth as well.
Vale is one of the...
VALE has been a tough stock to trade, as are many of the miners. The daily chart of VALE is showing a potential Inverse H&S bottom formation, and the weekly is showing a similar picture with a near equal measured move. Navigating this trade is up to the risk tolerance of the individual, but a decent 20% gain could be had in a couple months time.
RSI is...
